KEY HIGHLIGHTS
- Tata Passenger Electric Mobility signed an MOU with Vertelo
- Under the MOU the brand will deliver 2,000 Xpres-T EVs to Vertelo
- This will boost electric mobility in India
Tata Passenger Electric Mobility has signed an MOU with Vertelo to boost electric mobility in India. The brand will deliver 2,000 Xpres-T EVs to Vertelo in a phased manner. This new partnership will boost electric mobility in India. Read details of this new partnership below. Meanwhile, join the 91Wheels WhatsApp Group community of petrolheads to never miss out on any updates from the automotive world.
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Tata Electric Mobility Joined Hands With Vertelo
Vertelo is a Macquarie-managed integrated fleet electrification platform that will accelerate e-mobility in India. It provides an end-to-end solution for fleet electrification in the country. Moreover, Vemtero will build an EV ecosystem by offering different solutions to the customers such as charging infrastructure, financing and leasing options, energy solutions, and fleet management services. Vertelo has plans to invest 1.5 billion US dollar over 10 years to reduce greenhouse gas emissions
If we talk about the Xpres brand by Tata which is specifically dedicated to fleet customers, currently offers the Xpres-T EV as a single option for fleet customers. The Xpres-T EV comes with two battery pack options which are 26 kWh and 25.5 kWh. The former gives an ARAI claimed range of 315 km and the former gives a range of 277 km. The EV supports fast charging as well as 15A slow charging options. The bigger battery pack takes 59 mins for 0-80% charge while the smaller 25.5 kWh battery pack takes 110 mins.
Speaking on the partnership, Mr. Vivek Srivatsa, Chief Commercial Officer, of Tata Passenger Electric Mobility Ltd. said, As market leaders of passenger EVs in India, we are committed to the uptake of sustainable mobility in the country. We are delighted to partner with Vertelo in their effort to increase EV adoption in India. With over 89% market share in FY 24, the fleet segment has seen rapid adoption by Corporates and Institutions. The XPRES-T EV has proven to be an attractive option for both customers and operators in the commercial fleet segment.
Also Read: Nissan Magnite Surpasses 1 Lakh Domestic Sales, Over 30,000 Annual Sales
Verdict
Tata Electric Mobility has partnered with a lot of EV mobility partners to accelerate the growth of electric vehicle adoption in the Indian market. The new partnership with Vertelo will enhance the growth of EVs in public mobility with the help of increasing EVs in fleet operations.
